GCC Corrugated Box Packaging Market Size (2024 - 2029)

GCC Corrugated Box Packaging Market Analysis

The GCC Corrugated Box Packaging Market size is estimated at USD 3.76 billion in 2024, and is expected to reach USD 4.64 billion by 2029, growing at a CAGR of 4.34% during the forecast period (2024-2029).

• The escalating demand for convenience foods, driven by increasingly hectic lifestyles, has increased the reliance on corrugated box packaging. Its exceptional ability to safeguard products from moisture and endure extended shipping periods makes it an ideal choice for companies seeking to enhance customer satisfaction. As a result, corrugated boxes are being widely adopted as a preferred option for secondary and tertiary packaging across various industries.
• A corrugated box is a suitable secondary or tertiary packaging solution for various end-user industries, including electrical goods, food, personal care, cosmetics, etc. Corrugated boxes are commonly used to ship vegetables or other foodstuffs to retailers. This is a new opportunity for corrugated board suppliers with delivery-friendly formats containing goods within a die-cut interior. It helps reduce the overall weight of the final product compared to glass or metal.
• The widespread adoption of e-commerce has changed the retail market. This megatrend, which has changed the dynamics of consumer behavior and retail business models, is witnessing growth in the GCC and offers significant potential for industry players. The GCC's main drivers of e-commerce growth are high per capita income spending potential, well-developed transportation and logistics networks, increased internet penetration, and technology. The corrugated packaging industry's primary product trends and innovations are lightweight containerboards with less essential weight, which have significantly reduced freight costs. Innovative designs, which provide superior printing and cost savings through effective volume utilization, have also been driving the growth of the market studied.
• The Red Sea crisis downsized the containerboard shipments and impacted the availability and cost of local road transport and the usage of the Saudi Arabian port in Jeddah on the Red Sea coast. This has increased the raw material cost of corrugated box packaging in the GCC region, which may impact the market's growth during the forecast period by challenging the material availability.
• Amidst the COVID-19 pandemic, online orders saw a significant surge in the GCC region, catering to a wide array of end-user verticals. Notably, corrugated packaging emerged as a pivotal player in the food packaging sector, bolstering the market’s growth in the post-pandemic period.

GCC Corrugated Box Packaging Industry Segmentation

Corrugated box packaging is a popular material used for shipping, storing, and displaying products. Made from corrugated fiberboard, it consists of a fluted corrugated sheet and one or two flat linerboards. The fluted sheet provides strength and cushioning, making the boxes durable and able to withstand handling and transport. 

The GCC corrugated box packaging market is segmented by type (plain and printed), printed (litho-laminate and others), end-user (processed food, fresh food, beverage, personal care, electric goods, and industrial), and country (Saudi Arabia, United Arab Emirates, Qatar, and Rest of GCC). The market sizes and values are provided in terms of value (USD ) for all the segments. The study tracks the consumption and sales of different corrugated box products offered by various vendors operating in the market. The consumption value (USD) of corrugated boxes is considered for the market size and forecasts. The study also analyses the impact of COVID-19 on the market based on the prevalent base scenarios, key themes, and end-user vertical-related demand cycles.